All the idle screw adjusts is the throttle plate adjustment. what you are describing seems to leed to all your fuel not being burnt leading to run on. as for the jets being to big I dont think this whould cause this the jets are set for the carb ports a leaking port may cause this, a needle that is to small or worn out, or a port that is damagmed may cause this, a over sized jet just allows more fuel to flow resulting in the carb sucking more air resulting in more power. Run on or diesling may be a result of a bad timing, leading to unspent fuel burning after the spark is removed. but what was the reson for rebuilding the carb in the first place and who did it? the carb is probably the issue. I havent rebuilt a carb in about 6 yrs as I am not a mechanic-used to be one in the early 90's. the last carb I rebuilt was on my eagle and my nieghbor and I did it together over a 12 pack. on a friday night till 2 am. needed the car for work in the morning.- thats when I found out that my throttle plate was cracked. I would at this point pull the carb and carefully check to make sure the float is moving properly and properly adjusted. check you needles to ensure they are not bent or damagged in any way. and start with a clean frame of mind. the reason for this is you say the jet adjustments are not making any changes and you cant find a leak. this leads me to believe there is a problem with the rebuild. or reinstallation if you have any one that can look it over with you (with just a little bit of mech sense and a rebuild manual) another set of eyes might help. its got to be something very simple or the engine would not run.